Fap Turbo Forex Robot
April 26, 2012 by
Filed under Forex Robots
Looking For The Good Forex Strategies That Will Help You Earn Money
April 27, 2011 by Emma Madison
Filed under Forex Trading Strategy
Just as every good business begins with a good, in-depth business plan, you will want to prepare yourself to start with developing a viable forex trading strategy that is personalized to your needs. In the exploding forex market, it is more important than ever to have well-defined goals that prevent you from wandering astray and making costly mistakes. Use this information below to help you get started.
One of the first things a robust strategy can help you define is the currency you wish to become involved in. Certain currencies are undervalued, are set to rise, and you will want to define expectations for buying, selling, and holding. You can jump right in and depend upon hit or miss, but you also stand to risk everything in the process. What is a good strategy for you, and how can you locate some help in defining it?
The very best first start is finding someone older and wiser than you to guide you along. They may be slightly or very helpful in assisting you, but usually always have some wisdom to impart along the way, even if unintentionally. This mentor approach is not always available, so consider yourself blessed if someone takes an interest in you in such a manner.
You can next turn to books or papers that have been written about forex trading, and perhaps some that even define various trading strategies. A little investigative work should uncover more than you could hope for, and you can then pick the most appealing.
A good follow-up to these efforts would be to look online for an actual forex trading application. Often times just following through the training process they offer within the product will give you a fairly complete education.
Lastly, you will want to locate the perfect software package for you needs that will help you hone your forex strategies. The best software will give you much helpful advice on when to purchase and/or sell, and can often provide the most dependable information.
These few steps can help you develop an accurate forex trading strategy. Use them one at a time or combine them to achieve the best results.
There is an Amazing Forex Trading System that will teach you some more advanced trading techniques at Best Forex System so that you can rapidly improve your trading prowess. If you need to increase your skills there is no faster way than this system. Read more about it at Best Forex Trading Platform.
Forex BulletProof Forex Robot
November 22, 2010 by
Filed under Forex Robots
The scam robot wave has officially come to an end!
What makes this robot so special? Here are just a few of the INCREDIBLE highlights:
– Forex BulletProof has averaged a 5% monthly gain for the last 6 (yes, SIX) years! And I’m not talking about doubling your deposit in 1 month only to lose it in the next… I know we’ve all had it with those fly-by-night robots…
But this is different from anything you’ve seen before.. I’m talking about ongoing profits with no deposit loss for over 2300 days!
– Over 4000 lines of code make up this robot, while the average EA has just 409 lines! Over 4000 distilled programming lines made up in over 500 hours of work with 5 programmers… it’s pretty darn impressive.
– BulletProof is the FIRST commercially available FX robot to be coded for Strategy Trader, the latest trading platform from FXCM! That’s right- an industry FIRST!
– Live support and video tutorials and super low price!
Check out Forex BulletProof Here
The Role Of Fundamental And Technical Analysis In Forex Trading Strategies.
November 4, 2010 by Phillip Hampton
Filed under Forex Trading Strategy
Forex trading strategies are essential for making money in the FX market. With the daily trading volume of foreign exchange standing at over $3 trillion; currency trading is done in the most liquid market in the world, which is bigger than all the stock exchanges across the globe put together.
Keep in mind; it’s very easy to lose your money in the currency market if you haven’t set up a plan in the beginning.
Two of the most important tools you will use are; fundamental and technical analysis. When you look at a fundamental analysis you are able to predict the overall movement in the market. The technical approach provides forex trading strategies based upon short term currency trading. You will find that it has to do with historical pricing and the overall volume of the currency itself.
When you start planning your forex trading strategies you have to consider 3 schools of though. Some are totally against technical trading, they believe fundamental analysis is all you need, and others think that technical analysis is more realistic.
Both of them are partially right, because you should be taking advantage of them both. Today we want to show you a few examples that can help you understand why using each one can provide you with the necessary tools to be successful.
Utilizing Fundamental Analysis for Currency Trading Strategies
Did you know that the unemployment rate, fiscal deficit, inflation figures, and even the bank interest rate will have a bearing on the market as we know it today? A great example of this is if you’re trading the US dollar and Japanese Yen (USD/JPY). In this area; gold and crude oil will impact the overall price of the dollar.
Similarly, if the Japanese government were to find their exports suffering due to the price of their currency against the US dollar; they may push down the yen to make more money on their exports. All this information should be used when devising optimal forex trading strategies. Fortunately, economic data is usually released after prior intimation or at fixed intervals which give you enough time to chalk out a plan.
Utilizing Technical Analysis for Currency Trading
Making this a successful venture means you have to constantly watch charts when incorporating technical analysis. The best one to use is the Japanese candlestick chart, which is based on price movements. During this time you will want to look for entry and exit signals as well.
If you are a beginner in the currency trading market; start by analyzing the candle stick charts. Here you will see several distinctive patterns such as:
The Marabozu: This is a complete black or white candle with no shadows. A white candle signifies the continuation of a bearish trend or a bearish trend reversal while a complete black candle is indicative of a continuation of a bull run or a bullish trend reversal.
The Doji: This deals with a skinny candle that is set up as a single line. It helps you understand signals, especially when there are no buyers or sellers left. The reason for this is because the opening and closing price ends with a similar number. You will find that this can result in a trend reversal.
Another way is to look at the resistance and the support levels; the resistance is a level on the charts that the price of currency has jumped to but has not gone through while a support is a lower level on the chart that the price has plunged to but has not pierced. The theory holds that if the price goes through either the resistance or support levels; it will continue moving in that direction for some time before bouncing in the opposite direction.
What it comes down to is you don’t want to utilize only one indicator in your forex trading strategies. Instead you should use 2 or 3 of them so you have the best opportunity to be successful with your currency trading.
Want to find out more about forex trading strategies, then visit Phillip Hampton’s site on how to choose the best currency trading for your needs.
The Best Way To Choose The Best Forex Currency Trading Strategy
February 10, 2010 by Bart Icles
Filed under Forex Trading Strategy
At this time there are lots of people that have generated funds in forex trading. It could be that, you know a particular person who has risked their money into the investing business and gained double or way more with their preliminary investment. Although, it also cannot be definitely avoided that you will see individuals who will lose almost all their investments over a one-time trade, right? Most people whom we acknowledge for being triumphant tend to be very professional looking ones. Probably, because of their trading working experience, they’ve already mastered how to go about every trade exchange. But actually, even a regular individual like you can have the success these people happen to be getting. You simply need to find the right ways and apply them on the right circumstances in forex trading.
The next few paragraphs will not promise readers success instantly. That factor will, of course, be up to their methods of transacting. This article will only provide a few pieces of advice obtained from people who have implemented their forex trading strategies and have been successful. Conceivably, if we, too, infuse these kinds of guides in our dealings, then maybe we could all generate income.
In coming up with a good method, it is advisable to want to consider three details. Your strategy must be basic, useful and dependable. A basic strategy is a huge consideration because forex itself is now too intricate. For any first timer dealer, who would want to get into something confusing, right? So, in picking a strategy, try out something which is simple to do and know, yet will provide effective outcomes. You may get better results and never have to drill your brain for mathematical or statistical equations.
An additional thing in planning a forex trading strategy is to choose something which is definitely useful. A strategy being useful not only saves up quite a bit of time and effort, but it also becomes practical since it could be relevant to various kinds of trading sales. Look for ways that you can consider to be efficient in exchanging for this time and the coming months or even years ahead.
If your forex strategies are reliable, you could avoid a troubled mind while investing. Implementing options which did the trick successfully for other people might also meet your exact needs. If these kinds of forex trading strategies have obtained success rates for other people who have tried it, then this may also work very well for you.
With these three components assisting you to decide which trading strategies would work, there’s a better probability that the deals you will be making will be successful. Seek trading experts’ opinions and if you’re lucky, they might even share some of their trading secrets. Coming up with cash is no joke. It would really be better if you invest it in something reliable.
Look to Forex Strategy Secrets to learn more about best forex strategy. Want to learn more about forex power strategy, Forex Strategy Secrets can help.
Forex Trading Strategy : What You Need In Trading
December 18, 2009 by Bart Icles
Filed under Forex Trading Strategy
The forex market is drawing people in like bees to honey. It is, by far, said to be the busiest and, at the same time, the largest financial market in the world. Trading in it also presents vast potentials for profits that is why it really is an ideal venue to really put some time and effort into.
Because of its nature, it is of no surprise that a lot of people write about forex trading strategies that they think work. To be able to really become successful in trading in the forex market, the first thing that you should do is to get a clear grasp of what you are getting yourself into. Venturing into forex trading without the proper guidance, although it has a lot of profit potentials, would cause more negative effects since you could lose money, that is, more than you can afford to lose.
To be able to get the proper guidance in forex trading, you should resort to forex trading courses or tutorials that would really be able to hone your trading skills and inculcate in you the values that you would be needing to become a good forex trader. A lot of different entities offer them and, of course, you need to be wary about where you will be getting your forex education, otherwise, instead of gaining valuable knowledge, you would end up empty-handed and, at the same time, wasting your time and resources going for something that would not really do you any good. So, to make sure that you will be able to get good quality forex education, make sure that you do your research. The good thing is that there are tons of free online resources wherein you can get really valuable information and tips on how to go about your forex trading activities.
The most essential thing when you are already doing forex trading would be developing your own forex trading strategy. The forex trading strategy that you will be developing will be your trusty weapon in combating all the obstacles that the forex market may present you with. There is no set standards for what would work and what would not work in terms of developing a forex trading strategy. More often than not, what would work for a trader might not work for another trader. This is because not all traders are equal, most especially in terms of resources.
The key to developing a great forex trading strategy is a combination of a great forex education, resources, discipline, and sheer guts and cunning. Forex trading would work like a charm if you have one.
A managed forex account starts with a desire to learn and a drive to become a great trader. Learning mini forex trading platform takes dedication and a good teacher. But once you learn how to trade and do so successfully your life will change and you have options and financial resources you never had before.
Forex Trading Tactics
October 26, 2009 by
Filed under Forex Trading Strategy
Forex Trading Tactics
After having analyzed the market, a trader needs to know whether he or she will speculate for a rise or for a fall. Besides, the trader has to decide what part of his or her capital to invest into a trade. And, finally, the last step is buying or selling of a contract. This is the most difficult stage of trading at margin markets where the precision of entering and leaving the market is very important. The final decision about how and when to enter the market must be based on the combination of technical factors, equity management and order type.
The precising the market entering/quitting time based on technical analyses is specific for very short-term nature of such analyses. It is determined by days, hours, and even minutes, but not by weeks or months. In all cases, the same technical tools are used. The most common principles of these analyses are given below.
- Tactics at Price Breaks.There are three variations of the trader’s action at price breaks:
- to take a position in advance, forecasting the break;
- to open a position when the break is in progress;
- to wait for the inevitable rollback after break.
There are pros and contras about each of the above approaches, sometimes a combined approach is used. When working with several lots, a trader can open one position at each of the three stages. One can open a small position before the forecasted break, then buy some more immediately after the break, and finally open additional positions at an insignificant price fall during correction that follows the break. If one trades with small positions, two questions will have impact on one’s decisions first of all:- what amount of money can one risk on this trade?
- how agressive will one act?
The most conservative trader will in this situation open a long position at the rollback. However, paradoxical as it is the wait-and-see tactics can also be risky meaning one can miss the opportunity to enter the market while waiting for a rollback.
- Trendline CrossThis alert allows to enter the market or to leave it early enough, especially if a significant, many times “approved” trendline has been crossed. Of course, other technical factors should not be left out.
If a trendline is used as a support/resistance level, long positions will be opened when prices fall to the level of a stable up-trend line, short positions will be opened when prices rise to the down-trend level.
- Support/Resistance LevelsA break of the support level can be a signal to open a long position, which can later be protected using a stop order. The latter can be placed below the nearest support level or, to be more protective, just below the break level, which now will perform a supporting function.
Prices rising to the resistance level at a down-trend and falling to the support level at an up-trend can be used to open new positions and to add lots to profitable positions already opened. When choosing protective stop levels, it is important to take support/resistance levels into consideration.
- Price CorrectionFor an up-trend, the intermediate price falls that make percentages of the previous growth by Fibonacci can be used to open new or additional long positions. It must be noted that, in this case, analysis of percentages of correction length relates to very short market movements.
A proper moment to open a long position would be a 38-% price rollback that takes place after a Bull break at an up-trend. It would be rather reasonable to open short positions when, at a down-trend, prices jump up covering 38 to 62% of the preceding fall length.
- GapsPrice gaps that are formed on bar charts can also be sued to choose a proper moment to open or close positions. For example, gaps formed during price growth often become support levels. That is why, at an up-trend, it is reasonable to open long positions when prices fall to the upper border of the gap or a bit below it. A stop order can be placed below the gap. At a down-trend, an open position should be opened when prices reach the lower border of the gap or a bit above it. The protective stop order is placed above the gap, in this case.
- AveragingAveraging is a trading strategy used when one has made a mistake or just made a trade (the first coming to one’s mind) and the price has moved against, and one makes a new operation of the same type but at a more profitable price. The most important disadvantage of averaging is that one cannot know to what price the market will go against the trader. The averaging demands to invest a double amount of money compared to that invested before. If one has much money on the account, he or she can stand the price movement of 100, 200 and even more pips. Such movements are not very frequent on the market, though. This strategy is not the best one, especially if you have made a mistake by trend direction sensing.
Practicable Strategies
- a strong long trend will warn you when you work against it on short positions;
- you will gain self-reliance when playing with a short position in the long trend direction.
Another strategy consists in working on middle-termed trends, up to a few days long. It is also desirable to secure with options, which are most attractive for amateur traders. The middle-sized positions are more stable for gaining profits, though such a play needs more complicated analyses. The trading quality also depends on the ability to play a short-term game (to choose the right time for opening/closing a position). To open a middle-sized position, on has to both make a technical analysis and be attentive about news: Are any fundamental news income before the position is closed? Are any regional markets closed at that time? Psychological factors will pale into insignificance. For all its external stability, the market must be closely watched as it can spring all possible surprises at the very wrong time. If you play a middle-term game based on fundamental factors, you should also make sure that the technical analysis does not contradict your positions.
The third strategy consists in opening a position for a short time, from a few minutes to a few hours. This strategy is used by professionals. Pros: there is no risk of unfavorable fundamental news and price changes during the time when you are away. Contras: large expenditures (commissions, spread, internet providing, etc.), high probability of unfavorable price movements, the necessity of steady monitoring, concentration and exertion during the working day. The main help can be provided by occilators (you should follow the rules of open time choosing). You should not rejoice at small profits obtained using this strategy. You are in danger to lose all profits gained for a long time and on many trades.
Recommended Practices of Forex Trading Tactics
A trading technique consists of five stages:
- trend detection;
- detection of the rollback start point;
- detection of the rollback end point;
- getting confirmation from another indicator or system;
- entering the market with placing stop order and TP.
Let us consider all these stages in more details by the example of a trading technique based on MACD. Let’s use MACD with periods of 5, 13, 8.
We will consider that:
- it is the up-trend when the average on the MACD is above zero and there is no bull divergence with the price, i.e., every new peak in the price chart is confirmed by the next peak of the indicator (average on the MACD);
- it is the down-trend when the average on the MACD is below zero and there is no bear converegence with the price, i.e., every new trough in the price chart is confirmed by the next trough of the indicator (average on the MACD);
- the rollback starts if the slow line is met by the quick line top-down; this requires an up-trend, i.e., the average on the MACD is above zero and there is no bull divergence;
- the rollback in the up-direction starts if the slow line is met by the quick line bottom-up; this requires a down-trend, i.e. the average on the MACD is below zero and there is no bear converegence.
How to Scalp the Forex Market
October 26, 2009 by
Filed under Forex Scalping
Scalping for small profits is one of the most popular strategies in Forex trading. Scalpers rely on trading regularly and taking consistent small profits. They usually liquidate their trades on the same day. However, the problem with this strategy is that it has the tendency to turn you into a compulsive gambler (especially for beginners). Why did I say that? There are various reasons for leading a new scalper into a compulsive gambler. When a trader turns into a compulsive gambler, he/she will be doom for failure. In this article we will take a quick look at the 2 common reasons for that and discuss on tips to scalp efficiently;
1. Addiction to Random Profits
Most newbie thought that they can make some quick profits by taking small profits in the Forex arena everyday. They enjoy the random rewards from the market, which may turn into an addiction. It is just like teaching your dog to perform a task and randomly rewarding it every time a task is done. In this way, there is no way your dog can know when it will be rewarded. As a result, there is no reason for your dog to quit doing the task, even without being rewarded for doing it.
2. Trading for Revenge
There is a common saying among scalpers; “Trade for today, not yesterday”. Many newbie try to recoup their money back after their losses a few hours ago. They cannot swallow a loss or losses and became mesmerized with their fond memories of their past winnings. They keep thinking on how to win back their money, which tends to cloud their judgment on the market. They begin to fantasize opportunities in the market to enter a trade. This will eventually lead to their emotional attempt at revenge that is doomed to failure.
Tips to Scalp Efficiently
1. Determine the direction of the day by first looking at the daily chart.
2. Using candlestick studies, trendline or pivot points to enter a trade in the hourly chart.
3. For the above it must be use together with support and resistance.
4. Trading on continuous trend has a higher probability of success.
5. For contrarian trading, always enter at a better filled price or average your lot size to enter the trade
6. Scrape your trade if you do not feel comfortable after the point of entry or it takes too long for the trade to go in your direction.
7. Stop trading for the day if you have 3 losses in a row
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Why Demo Forex Trading is Important in Forex
October 26, 2009 by
Filed under Learning Forex Trading
Demo Forex trading is a practice account in which everything is real trading except the money. You have a pretend balance that goes up and down with winning and losing trades exactly the way a real account does. This is an excellent way to see if you would profit in real trading. I challenge all new and old Forex traders that don’t make money to trade with a demo account for 3 months and see if you make a profit. If at the end of three months you are not profitable you are not ready to trade with real money.
Demo Forex trading is free with many brokers and the trading is done in real time and you cannot tell the difference between demo and live accounts. I use demo accounts to test new forex trading strategies and to see if I can make adjustments to my trading. Why risk real money if you are just going to lose it? If you are not 100% certain that your strategy works and you are disciplined enough to carry it out than you are just gambling and that is foolish. Anyone that is successful at anything in life spends time training, learning and perfecting their skills. Professional athletes don’t just go straight to the top they have to move up through the ranks and that takes years of practice The same concept is true in forex trading.
Using a demo forex trading account also helps you become familiar with a broker and trading platform before you jump in with real money. You will want to know the ins and outs of the broker before you begin. It is important to know how their stop losses work and about their spreads. Demo trading teaches you how all that works with each broker. When trading with real money you had better know how to make trades and what button does what. The time to learn is with a demo account so you can adjust and learn and the mistakes you make will not be costly ones. I find that it takes me a couple of weeks trading to learn a new platform, give yourself time to become familiar with the platform.
So take the time and learn with a demo forex trading account and don’t blow a real account. Don’t think that you are a superstar and that you will defy God given laws that say a person must train to be successful. If you think like that than you have already failed. If you learn to trade the right way by training and work using a demo account, than in the end you will reap huge rewards.
Author : Casey Stubbs
Forex Killer – Automated Forex Trading Software
October 26, 2009 by
Filed under Forex Robots
Click Image Above To Play Video About Forex Killer
Forex Killer Q & A
Q: I have never traded the forex market, is Forex Killer for me?
A: Absolutely! The Forex Killer software was created for beginners as well as experienced traders. With the Forex Killer manual, detailed “Forex Learning Book” and “Crush course” beginners will learn everything they need to know about the forex market to start trading within the next hours! Forex Killer is successfully used by newbies with no Forex experience at all!
Q: I pay hundreds of dollars as a monthly fee to companies for forex trading signals. Does Forex Killer have monthly subscription fees?
A: No! You purchase software to generate your own signals at home! No more monthly fees! You can finally create signals by yourself with your own market analyzing software.
Q: How much money do I need to start trading?
A: Depending on your broker rules, you can start trading with an amount as low as $500. Remember that starting out with low trading capital may put you at a disadvantage because you will only be able to trade forex in small share lot sizes. We recommend to start with capital of $2,000-5,000 USD or train on a Demo account till you are satisfied with the performance.
Q: Is it hard to learn and implement your trading system Forex Killer?
A: No! Most people that purchase Forex Killer start trading the next day after they install it. Some even within minutes. We provide exact detailed instructions how to start.
Q: Does the strategy cover currency pairs other than EUR/USD?
A: The strategy has been designed to be useful for trading any major currency pair such as EUR/USD, GBP/USD, USD/JPY, USD/CHF etc… The examples are mostly EUR/USD, however our forex strategy can be easily applied to any other currency pair.
Q: Can I use the signals for intraday trading?
A: Yes. You can trade different timeframes: 5M, 15M, 30M and 1H for intraday trading and 4H, 1D, 1W for long term daily trading.
Q: Where can I get the price data to feed the program?
A: You can feed the Forex Killer with data from any broker’s platform, like Metatrader for free. We also provide a list of recommended brokers.
Q: What kind of Internet connection and computer hardware do I need?
A: The kind of Internet connection that you should use depends greatly upon your trading style. Active day trading requires high bandwidth, high performance and reliable Internet connection. Although it is possible to successfully day trade using a regular phone line connection, we would recommend you to use either Cable or DSL Internet service if it is available in your area.
Q: Do you provide customer support?
A: Sure. We provide friendly customer support. Feel free to contact us any time you have questions or problems. We’ll do our best to help you and answer your questions as soon as possible.
Q: What if I am not happy with the software?
A: It’s a COMPLETELY RISK-FREE PURCHASE: We challenge you! Should you not be able to profit with our software, send us your trading screenshots and we will refund you, no questions asked!
Q: Can the software become outdated?
A: No, with your purchase of the Forex Killer software you are entitled for updates free for life. We constantly improve the efficiency of the software as we use it to trade ourselves.
